Examlex
Opium comes from the coca leaf.
Ticket Scalping
The practice of buying tickets to an event and reselling them at a higher price, often to profit from high demand and limited supply.
Price Ceiling
A government-imposed limit on how high a price can be charged on a product or service, often meant to protect consumers.
Invisible Hand
A metaphor introduced by Adam Smith to describe how an individual's pursuit of self-interest can lead to good results for society as a whole through the workings of competitive markets.
Economic Well-Being
A measure of the economic quality of life that includes factors like income, employment, class disparity, and economic security.
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